Thailand
Investment Property in Thailand in recent years has seen very impressive capital growth as well as good rental yield returns. This can mainly be put down to the increase in tourism in the region. Thailand was once an exotic destination, but things have changed in recent years, making Thailand a very popular beach and city destination. With the increase in cheap long haul flights Thailand is now accessible to all types of holiday maker.
Thailand has recently become the most popular South Asian country for holidaymakers and has spawned a holiday home market through the increased tourism, especially around Phuket and Ko Samui. The 2004 Tsunami’s devastating blow has not dented Thailand’s appeal and it has not restricted tourist numbers or the numbers of those buying second homes, investment properties or retirement real estate in the country.
Why invest in Thailand?
- Prices are much lower than comparable markets in other countries
- Returns are very good (estimated at 10 – 15% per annum)
- Thailand is enjoying the largest growth rate in the whole of Asia
- Great rental potential, with government incentive schemes boosting this
- No capital gains tax for private investors
- Great climate with beautiful beaches and diverse terrain